Buoyed by an improved operating performance over the first half of the year, Lufthansa Group-bound Italian carrier ITA Airways today unveiled plans to utlise the Alitalia name as part of its future branding strategy.
ITA, which was established as a successor to Alitalia three years ago, acquired its predecessor’s brand as part of the assets it took on. The airline has now disclosed plans for “inspired by Alitalia”, a branding move aimed at complementing its own identity with that of the former flag carrier.
ITA chairman Antonio Turicchi says: “We proudly presented the project to enhance the Alitalia brand, which will complement our identity logo ‘ITA Airways’ to reinforce its values of excellence in air transport, which are recognised worldwide”.
The airline says that from the end of the year, the ITA Airways logo will be complemented by the Alitalia logo ”at select strategic touchpoints”.
The plans to utilise the Alitalia brand were disclosed after a board meeting today at which the carrier revealed improved operating performance, rising by €130 million ($145 million), posting an EBTIDA of €62 million for the six months ended 30 June.
The improved half-year operating result was achieved on revenues up one-third, to €1.4 billion, driven by passenger numbers that increased by one-quarter to more than 8.3 million, with load factor up two percentage points to 79%.
“The figures from the half-year report approved today confirm the growth process already underway since last year, with results better than the first six months of 2023,” Turicchi says.
ITA did not disclose a net result for the first half, however.
Lufthansa Group has secured conditional European Commission approval for its acquisition of a 41% stake in ITA, under which it would operate as part of the group. Lufthansa hopes to close the deal by year end.
Buoyed by an improved operating performance over the first half of the year, Lufthansa Group-bound Italian carrier ITA Airways today unveiled plans to utlise the Alitalia name as part of its future branding strategy.
ITA, which was established as a successor to Alitalia three years ago, acquired its predecessor’s brand as part of the assets it took on. The airline has now disclosed plans for “inspired by Alitalia”, a branding move aimed at complementing its own identity with that of the former flag carrier.
ITA chairman Antonio Turicchi says: “We proudly presented the project to enhance the Alitalia brand, which will complement our identity logo ‘ITA Airways’ to reinforce its values of excellence in air transport, which are recognised worldwide”.
The airline says that from the end of the year, the ITA Airways logo will be complemented by the Alitalia logo ”at select strategic touchpoints”.
The plans to utilise the Alitalia brand were disclosed after a board meeting today at which the carrier revealed improved operating performance, rising by €130 million ($145 million), posting an EBTIDA of €62 million for the six months ended 30 June.
The improved half-year operating result was achieved on revenues up one-third, to €1.4 billion, driven by passenger numbers that increased by one-quarter to more than 8.3 million, with load factor up two percentage points to 79%.
“The figures from the half-year report approved today confirm the growth process already underway since last year, with results better than the first six months of 2023,” Turicchi says.
ITA did not disclose a net result for the first half, however.
Lufthansa Group has secured conditional European Commission approval for its acquisition of a 41% stake in ITA, under which it would operate as part of the group. Lufthansa hopes to close the deal by year end.
Source link
Share This:
admin
Plan the perfect NYC Memorial Day weekend
Pack only what you need and avoid overpacking to streamline the check-in and security screening…
LA’s worst traffic areas and how to avoid them
Consider using alternative routes, such as Sepulveda Boulevard, which runs parallel to the 405 in…
Denmark, Germany and NATO among sales prospects for GlobalEye surveillance aircraft, Saab chief executive says
European interest in Saab’s GlobalEye surveillance aircraft is continuing to build, as the Swedish company…
Ukraine exploring purchase of Bell AH-1Z attack and UH-1Y utility helicopters
Ukraine has signed a letter of intent with rotorcraft manufacturer Bell exploring the purchase of…
Italy plans to restore lapsed maritime patrol capability with six-aircraft buy
Italy has outlined plans to acquire six new maritime patrol aircraft capable of performing anti-submarine…
Stockholm Arlanda takes advantage of ‘EoR’ concept to increase parallel approach efficiency
Stockholm Arlanda is claiming to be the first European airport to introduce a concept intended…
Norway presses ahead with defence helicopter acquisitions, as talks continue with UK on ASW assets
Norway continues to analyse the options for a future anti-submarine warfare (ASW) helicopter to equip…
Airbus Helicopters open to H225 Super Puma’s return for oil and gas operations
Airbus Helicopters is seeing renewed interest in its H225 Super Puma for offshore operations, almost…
Baykar’s Kizilelma UCAV soars through Aselsan AESA radar integration and weapons testing
Baykar Technologies’ Kizilelma unmanned combat air vehicle has been flown for the first time with…
First two Saab Gripen E fighters arrive for Swedish air force service at Satenas base
The Swedish air force has fielded its first Saab Gripen E fighters, with the new…
EASA foresees sufficient production capacity to meet EU’s 2030 sustainable fuel target
Sustainable aviation fuel in the European Union only accounted for 0.6% of the total uplift…
Regional aircraft lessor TrueNoord to advise Elysian on development of battery-powered E9X
Netherlands-based Elysian Aircraft is to collaborate with regional aircraft lessor TrueNoord on the development of…